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Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…
Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…
There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…
In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…
Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
Consequent on the UN sanctions that severely restricted essential exports for agriculture to North Korea, starvation conditions have re-emerged for the first time since the famine years of the 1990s. Absent capital and technology, the government relies almost completely on the intensified exploitation of the labor force, much of this carried out via the mechanisms…
What Happened On April 12, President Biden met with 19 CEOs to discuss the ongoing semiconductor shortage and to build support for technology as a key component of the infrastructure. The White House promised a USD 50 billion investment in U.S. semiconductor manufacturing, seeking cooperation from global partners. During a similar summit in March, Biden discussed putting technology, such as semiconductors…
What Happened During his visit to Iran, South Korean Prime Minister Chung Sye-kyun said that South Korea should “quickly return” the USD 7 billion in Iranian assets frozen as a result of U.S.-led sanctions. PM Chung also expressed South Korea’s willingness to provide Iran with humanitarian aid, and stated that Seoul would be willing to support future negotiations on…
The government of North Korea continues to report that it has no cases of COVID-19. In its most recent submission to the World Health Organization on April 1, Pyongyang reported that it had tested a total of 23,121 people for the coronavirus as of April 1. It said that all results were negative. For a…